If you buy high-end used components, you can end up with a good system for $10 to $20k. There are various formulas as to how to apportion the money spent to various components - 60% to speakers, 30% to amp and pre-amp, 10% to turntable is one formula. My experience has been that you will get much better value buying used components from reputable manufacturers. And Audiogon is the best place to find them.
HOW MUCH IS TOO MUCH TO SPEND ON A SYSTEM? IF YOU GET THE SOUND DOES IT MATTER?
How much is too much. Does it matter as long as you get the sound that you seek. I thought I would never have an expensive system as I do now. When I started I would have never thought to put this much into audio. But I have and I’m happy with my sound. Thoughts?